Compound Rubber Grade SMR20 Prices Rise in Mumbai Market (Business Opportunities - Advertising Service)
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Item ID 9735270 in Category: Business Opportunities - Advertising Service
Compound Rubber Grade SMR20 Prices Rise in Mumbai Market | |
Mumbai, June 12, 2025 – The Mumbai market has seen a moderate upward movement in the price of Compound Rubber Grade SMR20. On June 11, the product was trading at Rs.163 per kilogram, which increased to Rs.167 per kilogram on June 12, registering a Rs.4/kg rise. The price increase is being supported by improved buying sentiment from rubber product manufacturers and active stock replenishment by traders. The rise is also influenced by anticipated supply chain challenges due to the onset of the monsoon season, prompting buyers to secure material in advance. Additionally, steady consumption in the automotive and industrial rubber sectors is sustaining the overall demand. On the production front, SMR20 is a Malaysian standard rubber predominantly manufactured by leading international producers such as Sri Trang Agro-Industry, Top Glove, and Lee Rubber. In the Indian market, several compounders and rubber processors including GRP Ltd., Indo Rubber Corporation, and Sureka Group import and blend this grade to meet customized industry requirements. With consistent demand and balanced supply, market participants anticipate a firm tone in prices over the short term, unless disrupted by sudden global market shifts or logistics constraints, Compound Rubber Prices in India, Indian Compound Rubber Prices, Indian Prices Compound Rubber, Indianpetrochem. | |
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| Target Nation: All Nations Target City : delhi Last Update : 13 June 2025 9:22 AM Number of Views: 6 | Item Owner : rubberfiber Contact Email: Contact Phone: (None) |
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2025-06-16 (0.223 sec)